1-bedroom flat · NR3 4JE
Sold STCListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With only 49 years remaining on the lease, this property is priced to sell and represents an excellent investment opportunity with scope to extend the lease.
This first floor one bedroom flat is set in a pleasant, tucked away position, accessed via a footpath that leads to a secluded and well maintained communal garden area.
The flat benefits from secure intercom entry and a private entrance hall with built-in storage.
Inside, the accommodation includes a generous lounge/diner with a charming bay window, a fitted kitchen, a good size double bedroom, and a modern shower room.
Additional features include gas central heating and double glazing throughout, offering comfort and efficiency.
Currently tenanted this property offers immediate rental income and would make a fantastic investment purchase for any buy to let landlord or investor.
Location Situated in the popular NR3 area, this property in Tillett Court enjoys a convenient location just North of Norwich.
You will find a wide range of local amenities within easy reach, including doctors surgeries, a selection of pubs and restaurants, and everyday essentials from nearby shops such as the local Co-op.
The area benefits from excellent public transport links, with regular bus services from nearby Sprowston Road providing quick and easy access to Norwich City centre.
For those who enjoy the outdoors, the beautiful Mousehold Heath is within walking distance, perfect for scenic walks, fresh air, and dog walking.
This is a well connected and vibrant neighbourhood that offers both convenience and a touch of nature, making it an ideal location for a wide range of buyers.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Tillett Road East, NR3 Norwich
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